FWIW and take it from a former int'l banker of many years, there...

FWIW and take it from a former int'l banker of many years, there is nothing that a bank detests more than a sudden, negative surprise by a borrowing customer. So if there were covenant concerns or, more likely, just prudent planning and foresight by MRM, they did well to approach their syndicate and organize an appropriate syndicated arrangement which better suits their circumstances and forward plans. To do otherwise would indeed have been a mistake and would have been visible enough to make it to the media.
Mind you, the banking syndicate would have analysed the situation in depth, if need be, but since the end result was a positive agreement, I feel very comfortable that the relationship is proceeding to plan and the company has the worst of the industry malaise behind them. I think the share price over the past few weeks confirms that the market views the situation in this way as well, IMO. Cheers.